Africa-BRICS Cooperation

EENI- School of International Business

Subject: The Africa-BRICS (Brazil, Russia, India, China, and South Africa) Cooperation. Syllabus:

1. Introduction to the Africa-BRICS (Brazil, Russia, India, China, and South Africa) Cooperation
2. Foreign trade Africa-BRICS
3. Opportunities and Challenges of the Africa-BRICS Cooperation
4. Foreign Direct Investment between Africa and the BRICS Countries
5. Aid and Development Assistance
6. Major trends in the Africa-BRICS Cooperation
7. Implications for growth, employment, and structural transformation

The objectives of the subject “The Africa-BRICS Cooperation” are the following:

1. To understand the aims and functions of the Africa-BRICS Cooperation
2. To analyse the foreign trade and the investment flows between Africa and the BRICS Countries (Brazil, Russia, India, China, and South Africa)
3. To assess trends in the Africa-BRICS Cooperation

Sample of the subject - The Africa-BRICS Cooperation:

Description of the Subject: The Africa-BRICS Cooperation (Brazil, Russia, India, China, and South Africa)

Given the importance of the increasing role of the BRICS Countries (Brazil, Russia, India, China, and South Africa) in the global economy (40% of the world’s population, the economies of China and India surpasses the US economy, 20% of the global FDI flows), the Africa-BRICS Cooperation is every day more remarkable, with strong implications for the African structural transformation (economic growth, employment, governance, aid...)

The Africa-BRICS Partnership is the fundamental pillar of the South-South cooperation.

Foreign Trade Africa-BRICS:

1. 2007: 340 billion dollars
2. 2015: 500 billion dollars (estimations)
3. Top trade products: primary commodities
4. Top sectors: mining, agriculture, manufacture
5. China is the top export market of Africa (50% of the total African exports)
6. Top African export products to China: Fuels and natural resources
7. India represents 25% of the total exports of the African products, Brazil (13%), South Africa (11%) and Russia (1%)
8. Top exports products from BRICS Countries to Africa: manufactured goods (mainly China) and food products (mainly Brazil)
9. China is the first investor (FDI) in Africa

In 2013, Patrice Motsepe was the Chairperson of the BRICS Business Council.

Bilateral relations Asia-Africa:

1. Forum on China-Africa cooperation
2. Africa-India Framework for Cooperation

The Africa-BRICS Cooperation belongs to the African Civilisation, Orthodox Civilisation, Hindu Civilisation and Western Civilisation (Latin American).